is looking for undervalued stocks
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Read this and look at the photo. You can actually see where the actipatch was placed on the bruise.
That region has healed significantly versus where the patch did not cover.
Cool.
http://www.birf.info/home/library/alt-med/altmedlib_actipatch.html
Earnest
It's still a risk, just because of the inherent risk of being a pink sheet stock. However I believe this is extremely undervalued when comparing to almost identical stage JR mining outfits that are also on the pinks and OTCBB.
This is not because I'm tooting my own horn here, but my own research and looking at this I have posted alot here. These are the reasons I am confident this is undervalued right NOW! Let alone if they actually begin production or acquire the existing, operating, and fully permitted production mine they are discussing.
Read these:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38633578
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38777916
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38778116
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38778249
This last one Gold Bug corrected me on, my calculations should be on Troy Ounces not the standard weight ounce. A Troy Ounce is 31 grams and a standard ounce is 28.35 grams. Anyway this lists the "POTENTIAL" of the just the Monte Cristo property alone.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38807787
Nobody know about NBRI.
I only found this, while I was specifically searching for JR mining outfits. I read how geeked everyone was, and I started some of my own DD, and I think we have a no brainer here.
I think a little good news could create an ascension the likes we have never seen before. :D
Ryan
So the initial results of Fraser River were 520 Grams of Gold per tonne.
250,000 tonnes times 520 grams / 31 = 4,193,548 ounces X's $935 = $3,920,967,380
OMG!
Goldbug, so if I'm reading this correctly, then Fraser River is the Mother Load!!! Right?
These number are also only based on going 30Meters deep?
"Additional documentation from government records contained in BC Assessment Report 2589 states, "An estimated 25 million tonnes of alluvial sand underlie the property to a depth of 100 feet from the surface, and although depth of the sands is unknown at this point, indications are that this figure can be increased substantially." The report goes on to say, "Precious metal values persist to a depth of 100 feet and, in fact, values increase with increasing depth." The report closes with the following statement, "...as the Lillooet River occupies a probable fault zone, potential for a deep alluvium deposit exists. Samples have been taken as deep as 130 feet elsewhere along the river without encountering bedrock."
So the Monte Cristo property alone is worth a butt load of money.
According to this conversion site 1 Ounce is 28.35 Grams.
http://www.onlineconversion.com/weight_common.htm
Platinum is 2.77 grams per tonne
Gold is 2.47 grams per tonne
Palladium is 2.71 grams per tonne
Silver is 4.80 grams per tonne
http://www.kitco.com/market/
So this would actually be correct:
Platinum = 22,700,000 x 2.77gms/28.35 = 2,217,954 ounces X $1200 = $2,661,544,800
Gold = 22,700,000 x 2.47gms/28.35 = 1,977,742 ounces X $935 = $1,849,188,770
Palladium = 22,700,000 x 2.71gms/28.35 = 2,169,911 ounces X $240 = $520,778,640
Silver = 22,700,000 x 4.80gms/28.35 = 3,843,386 ounces X $14.30 = $54,960,420
Total Potential precious metal value equals
$2,661,544,800
$1,849,188,770
$ 520,778,640
+ $ 54,960,420
= $5,086,472,630
Wow, you are right!!!!!!!!!!!!!!!!!!!!!!!
Holy Mother of PEARL!!!!!!!!!!!!!!!!!!!!!!
No I did not factor production costs. I just was figuring the value that Goldbug discussed of the reserves on the Monte Cristo property.
Ryan
So if a Metric Tonne is 1000 Kilograms. Then that equates to there being 22.7 Tonnes X 1000 = 22700 Kilograms of reserves.
1 Kilogram equals 35.27 Ounces
So multiplying 35.27 Ounces X 22700 kilograms to ounces equals a total of 800,629 Ounces of Reserves or 50,039 standard pounds. Also 25 standard Tons of reserves.
800,629 multiplied by $930 per ounce gold prices and we get a value of $744,584,970.
Let me know if I'm wrong. But the potential estimated value I got is around $744 Million for Monte Cristo at current prices. That is just based on Gold price, not the higher priced platinum.
Ryan
Great point Goldbug.
I was just trying to point out the fact that just by the claims that NBRI has, the company should be valued higher than what the market has it currently at.
But you are absolutely right Goldbug!
Ryan
So if North Bay owns over 40,000 acres of claims, those properties should be valued somewhere between $41 per acre and $761 per acre.
Even on a low side of $100 an acre that equates to a $.10 share price where North Bay minimum should be trading. $200 per acre value would equal a $.20 cent share price.
Companies like NGHI only have like 2500 acres in claims and they have a over $20,000,000 market cap!
Spread the word people!
If I take the same website:
http://www.accuratemining.com/index.html
And take the higher valued properties and I did this in excel, but of course you can't see the cells. Anyway, the average of the higher value properties are $761 per Acre.
High Value Properties
Acres Property Name Price per Acre Cost
896 Rose Gulch $1,674.00 $1,499,904.00
896 Hunter Creek $546.00 $489,216.00
677 Keithly Creek $51.00 $34,527.00
200 Black Bear Creek $395.00 $79,000.00
513 Summit Creek $194.00 $99,522.00
335 Devils Canyon $1,492.00 $499,820.00
2388 Lightning Creek $628.00 $1,499,664.00
313 Mary Creek $95.00 $29,735.00
203 Hyde Lake $123.00 $24,969.00
161 Black Jack Gulch $931.00 $149,891.00
672 Cottonwood River $44.00 $29,568.00
491 Likely Pit $2,441.00 $1,198,531.00
491 Beaver Pass 2 $1,423.00 $698,693.00
143 Beaver Pass 3 $685.00 $97,955.00
191 Beaver Pass 4 $513.00 $97,983.00
Total 8,570.00 $6,528,978.00
Average 8,570.00 Per Acre Cost $761.84
I am getting my information from this website:
http://www.accuratemining.com/index.html
If we take the average cost of these properties and divide them the acreage of the total claims we get an average extremely low end value of the 40,000 plus acreage claims owned by North Bay Resources. The low end cost is $41.66 per acre which would give NBRI a market cap $1,660,000 just from the property values alone. Which would also equat to a share price of about $.045 or 3 times it's current value.
Low Value Properties
Acres Property Name Price per Acre Cost
239 Hobo Gulch $50.00 $11,950.00
682 Robert Lake $18.00 $12,276.00
382 Antler Creek $51.00 $19,482.00
246 Cantin Creek $62.00 $15,252.00
432 Swift River $46.00 $19,872.00
432 Quesnel River $18.00 $7,776.00
123 Quesnel River 2 $97.00 $11,931.00
478 Summit Creek $32.00 $15,296.00
95 Beaver Pass $105.00 $9,975.00
77 Mexican Hill $116.00 $8,932.00
Total 3,186.00 $132,742.00
Average 3,186.00 Per Acre Cost $41.66
Ryan
Look at what some existing Placer Claims are selling for.
http://www.accuratemining.com/placer_3.html
NBRI North Bay Resources could be a 10-20 bagger and is my pick and here's why!
North Bay Resources Inc. (PINKSHEETS: NBRI) is a junior mining company with over 100 mineral and placer claims encompassing approximately 40,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential. North Bay's business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
Q1 2009 earnings were released on April 22, showing revenue for the
quarter of $40,858.74, or 0.2 cents per share. Net earnings came in at
$11,181.07, or 0.04 cents per share. This marks the fifth consecutive
quarter of positive earnings.
-- In an effort to increase liquidity for shareholders, the Company has
applied for the listing of its common shares on the Deutsche Bourse in
Frankfurt, Germany. Once the common shares are trading in Frankfurt, the
Company intends to also list its Series G Preferred shares (the "Gold
Shares").
-- In February 2009 the Company announced that it has discovered gold on
its Fraser River Platinum JV project. Initial assays were released in
April to show an average of 520 grams per tonne gold from concentrate, for
an effective yield of 0.26 grams of gold per yard of in-place background
placer material. Platinum assays came in as high as 5.38 grams per tonne
platinum and .04 grams per tonne palladium from the same sample of
concentrate. The Phase II work program to excavate the resource to depth
will begin upon receipt of the required work permits from British Columbia.
These permits were applied for in February and are still pending.
-- The Company has been notified by Hidalgo Mining International Inc.
("Hidalgo") that work programs on the Silver Leaf and Gold Hill Project
JV's with Hidalgo are currently scheduled to begin by July 30, 2009.
-- The Company has continued negotiations for the acquisition of an
operating gold mine, and has expanded its potential targets to include a
fully permitted mine in the southwestern US. Additional information will
be released upon the successful execution of a purchase agreement. Towards
this end, the Company recently announced that it has engaged the services
of International Monetary as its investment banking and strategic advisory
consultant to assist in structuring acquisition financing of up to $10M.
- May 19, 2009 -- North Bay Resources Inc. announced that written approval of its Plan of Operations has been received from the Ministry of Mines (MEMPR) in British Columbia, and work permits have been issued to allow mechanized excavation work to begin at the Fraser River Platinum JV project, effective immediately. As required by BC regulations, a reclamation bond has also been posted.
Here are comparisons to other very similar Junior Mining Companies:
SFEG.OB= Santa Fe Gold Corp-Exploration Not yet producing publicized results
PEZGF.OB= Pediment Gold Corp-Exploration Stage not yet producing
MNEAF.OB= Minera Andes Inc. – Production Stage just recommenced work
YNGFF.PK= Yukon Nevada Gold Corp-currently non production work stoppage
SRSR.PK= Sarissa Resources-Exploration Stage Company
WSRA.PK= Western Sierra Mining Corp- Exploration Stage Company not yet producing
NGHI.OB= Nevada Gold Holdings- Exploration Stage needs additional funding according to 10Q
ELRA.OB= Elray Resources- Exploration Stage Company
GSPG.OB= Goldspring, Inc -
NBRI.PK= North Bay Resources – Exploration stage in talks to acquire current operating gold mine received approval from British Columbia to begin mechanized work at Fraser River Platinum Project.
SFEG.OB:-----Revenue (ttm):----68.19K
PEZGF.OB:----Revenue (ttm):---149.83K
MNEAF.OB:----Revenue (ttm):---$00.00-
YNGFF.PK:----Revenue (ttm):----48.98M
SRSR.PK:------Revenue (ttm):----$00.00-
WSRA.PK:------Revenue (ttm):----$00.00-
NGHI.OB:-------Revenue (ttm):----$00.00-
ELRA.OB:-------Revenue (ttm):----$00.00-
GSPG.OB:------Revenue (ttm):----$00.00-
NBRI.PK:-----Revenue (ttm):+++$390.77K+
SFEG.OB:----Net Income Avlbl to Common (ttm):--------7.74M-Negative
MNEAF.OB—---Net income Avlbl to Common (ttm):---19.69M-Negative
PEZGF.OB:---Net Income Avlbl to Common (ttm):----731.12K-Negative
YNGFF.PK:---Net Income Avlbl to Common (ttm):----111.13M-Negative
SRSR.PK:----Net Income Avlbl to Common (ttm):--------1.25M-Negative
WSRA.PK:---Net Income Avlbl to Common (ttm):--------1.30M-Negative
NGHI.OB:----Net Income Avlbl to Common (ttm):--------361.13K-Negative
ELRA.OB:---Net Income Avlbl to Common (ttm):---------334.00K-Negative
GSPG.OB:---Net Income Avlabl to Common (ttm):------4.05M-Negative
NBRI.PK:----Net Income Avlbl to Common (ttm):++++278.84K+Positive
SFEG.OB:-----Diluted EPS (ttm):--0.100-
PEZGF.OB:----Diluted EPS (ttm):--0.020-
MNEAF.OB:----Diluted EPS (ttm):--0.085-
YNGFF.PK:----Diluted EPS (ttm):--0.020-
SRSR.PK:-----Diluted EPS (ttm):---0.0017-
WSRA.PK:----Diluted EPS (ttm):---0.0053-
NGHI.OB:------Diluted EPS (ttm):---0.011-
ELRA.OB:-----Diluted EPS (ttm):----0.005-
GSPG.OB:----Diluted EPS (ttm):----0.0012-
NBRI.PK:-----Diluted EPS (ttm):++0.011+
SFEG.OB:----Shares Outstanding:----80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding:----43.01M (As of Mar 31, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 272.65M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.12M (As of Dec 31, 08)
WSRA.PK:----Shares Outstanding:--255.09M (As of Mar 31, 09)
NGHI.OB:-----Shares Outstanding:----72.85M (As of May 13, 09)
ELRA.OB:----Shares Outstanding:----56.44M (As of Mar 30, 09)
GSPG.OB:----Shares Outstanding:----3.49 BILLION (As of May 18, 09)
NBRI.PK:----Shares Outstanding:----38.50M (As of May 19, 09)
As of June 10, 2009:
SFEG.OB:---Market Cap:-----$80,007,656
PEZGF.OB:--Market Cap:----$29,935,959
MNEAF.OB:--Market Cap:---$172,905,000
YNGFF.PK:--Market Cap:----$23,310,202
SRSR.PK:--Market Cap:------$27,896,410
WSRA.PK:--Market Cap:-------$3,061,120
NGHI.OB:----Market Cap:-----$28,412,259
ELRA.OB:---Market Cap:------$20,035,312
GSPG.OB:---Market Cap:-----$36,735,807
NBRI.PK:---Market Cap:----------$578,959
SFEG.OB:----Share price $1.09
PEZGF.OB:---Share price $0.78
MNEAF.OB:---Share price $0.80
YNGFF.PK:---Share price $0.13
SRSR.PK:----Share price $0.039
WSRA.PK:---Share price $0.0159
NGHI.OB:----Share price $0.44
ELRA.OB:----Share price $0.36
GSPG.OB:---Share price $0.011
NBRI.PK:----Share price $0.018
NBRI North Bay Resources should be at least 10-20 bagger from here and is my pick. Here's why!
North Bay Resources Inc. (PINKSHEETS: NBRI) is a junior mining company with over 100 mineral and placer claims encompassing approximately 40,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential. North Bay's business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
Q1 2009 earnings were released on April 22, showing revenue for the
quarter of $40,858.74, or 0.2 cents per share. Net earnings came in at
$11,181.07, or 0.04 cents per share. This marks the fifth consecutive
quarter of positive earnings.
-- In an effort to increase liquidity for shareholders, the Company has
applied for the listing of its common shares on the Deutsche Bourse in
Frankfurt, Germany. Once the common shares are trading in Frankfurt, the
Company intends to also list its Series G Preferred shares (the "Gold
Shares").
-- In February 2009 the Company announced that it has discovered gold on
its Fraser River Platinum JV project. Initial assays were released in
April to show an average of 520 grams per tonne gold from concentrate, for
an effective yield of 0.26 grams of gold per yard of in-place background
placer material. Platinum assays came in as high as 5.38 grams per tonne
platinum and .04 grams per tonne palladium from the same sample of
concentrate. The Phase II work program to excavate the resource to depth
will begin upon receipt of the required work permits from British Columbia.
These permits were applied for in February and are still pending.
-- The Company has been notified by Hidalgo Mining International Inc.
("Hidalgo") that work programs on the Silver Leaf and Gold Hill Project
JV's with Hidalgo are currently scheduled to begin by July 30, 2009.
-- The Company has continued negotiations for the acquisition of an
operating gold mine, and has expanded its potential targets to include a
fully permitted mine in the southwestern US. Additional information will
be released upon the successful execution of a purchase agreement. Towards
this end, the Company recently announced that it has engaged the services
of International Monetary as its investment banking and strategic advisory
consultant to assist in structuring acquisition financing of up to $10M.
- May 19, 2009 -- North Bay Resources Inc. announced that written approval of its Plan of Operations has been received from the Ministry of Mines (MEMPR) in British Columbia, and work permits have been issued to allow mechanized excavation work to begin at the Fraser River Platinum JV project, effective immediately. As required by BC regulations, a reclamation bond has also been posted.
Here are comparisons to other very similar Junior Mining Companies:
SFEG.OB= Santa Fe Gold Corp-Exploration Not yet producing publicized results
PEZGF.OB= Pediment Gold Corp-Exploration Stage not yet producing
MNEAF.OB= Minera Andes Inc. – Production Stage just recommenced work
YNGFF.PK= Yukon Nevada Gold Corp-currently non production work stoppage
SRSR.PK= Sarissa Resources-Exploration Stage Company
WSRA.PK= Western Sierra Mining Corp- Exploration Stage Company not yet producing
NGHI.OB= Nevada Gold Holdings- Exploration Stage needs additional funding according to 10Q
ELRA.OB= Elray Resources- Exploration Stage Company
GSPG.OB= Goldspring, Inc -
NBRI.PK= North Bay Resources – Exploration stage in talks to acquire current operating gold mine received approval from British Columbia to begin mechanized work at Fraser River Platinum Project.
SFEG.OB:-----Revenue (ttm):----68.19K
PEZGF.OB:----Revenue (ttm):---149.83K
MNEAF.OB:----Revenue (ttm):---$00.00-
YNGFF.PK:----Revenue (ttm):----48.98M
SRSR.PK:------Revenue (ttm):----$00.00-
WSRA.PK:------Revenue (ttm):----$00.00-
NGHI.OB:-------Revenue (ttm):----$00.00-
ELRA.OB:-------Revenue (ttm):----$00.00-
GSPG.OB:------Revenue (ttm):----$00.00-
NBRI.PK:-----Revenue (ttm):+++$390.77K+
SFEG.OB:----Net Income Avlbl to Common (ttm):--------7.74M-Negative
MNEAF.OB—---Net income Avlbl to Common (ttm):---19.69M-Negative
PEZGF.OB:---Net Income Avlbl to Common (ttm):----731.12K-Negative
YNGFF.PK:---Net Income Avlbl to Common (ttm):----111.13M-Negative
SRSR.PK:----Net Income Avlbl to Common (ttm):--------1.25M-Negative
WSRA.PK:---Net Income Avlbl to Common (ttm):--------1.30M-Negative
NGHI.OB:----Net Income Avlbl to Common (ttm):--------361.13K-Negative
ELRA.OB:---Net Income Avlbl to Common (ttm):---------334.00K-Negative
GSPG.OB:---Net Income Avlabl to Common (ttm):------4.05M-Negative
NBRI.PK:----Net Income Avlbl to Common (ttm):++++278.84K+Positive
SFEG.OB:-----Diluted EPS (ttm):--0.100-
PEZGF.OB:----Diluted EPS (ttm):--0.020-
MNEAF.OB:----Diluted EPS (ttm):--0.085-
YNGFF.PK:----Diluted EPS (ttm):--0.020-
SRSR.PK:-----Diluted EPS (ttm):---0.0017-
WSRA.PK:----Diluted EPS (ttm):---0.0053-
NGHI.OB:------Diluted EPS (ttm):---0.011-
ELRA.OB:-----Diluted EPS (ttm):----0.005-
GSPG.OB:----Diluted EPS (ttm):----0.0012-
NBRI.PK:-----Diluted EPS (ttm):++0.011+
SFEG.OB:----Shares Outstanding:----80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding:----43.01M (As of Mar 31, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 272.65M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.12M (As of Dec 31, 08)
WSRA.PK:----Shares Outstanding:--255.09M (As of Mar 31, 09)
NGHI.OB:-----Shares Outstanding:----72.85M (As of May 13, 09)
ELRA.OB:----Shares Outstanding:----56.44M (As of Mar 30, 09)
GSPG.OB:----Shares Outstanding:----3.49 BILLION (As of May 18, 09)
NBRI.PK:----Shares Outstanding:----38.50M (As of May 19, 09)
As of June 10, 2009:
SFEG.OB:---Market Cap:-----$80,007,656
PEZGF.OB:--Market Cap:----$29,935,959
MNEAF.OB:--Market Cap:---$172,905,000
YNGFF.PK:--Market Cap:----$23,310,202
SRSR.PK:--Market Cap:------$27,896,410
WSRA.PK:--Market Cap:-------$3,061,120
NGHI.OB:----Market Cap:-----$28,412,259
ELRA.OB:---Market Cap:------$20,035,312
GSPG.OB:---Market Cap:-----$36,735,807
NBRI.PK:---Market Cap:----------$578,959
SFEG.OB:----Share price $1.09
PEZGF.OB:---Share price $0.78
MNEAF.OB:---Share price $0.80
YNGFF.PK:---Share price $0.13
SRSR.PK:----Share price $0.039
WSRA.PK:---Share price $0.0159
NGHI.OB:----Share price $0.44
ELRA.OB:----Share price $0.36
GSPG.OB:---Share price $0.011
NBRI.PK:----Share price $0.018
NBRI North Bay Resources is my pick and here's why!
North Bay Resources Inc. (PINKSHEETS: NBRI) is a junior mining company with over 100 mineral and placer claims encompassing approximately 40,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential. North Bay's business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
Q1 2009 earnings were released on April 22, showing revenue for the
quarter of $40,858.74, or 0.2 cents per share. Net earnings came in at
$11,181.07, or 0.04 cents per share. This marks the fifth consecutive
quarter of positive earnings.
-- In an effort to increase liquidity for shareholders, the Company has
applied for the listing of its common shares on the Deutsche Bourse in
Frankfurt, Germany. Once the common shares are trading in Frankfurt, the
Company intends to also list its Series G Preferred shares (the "Gold
Shares").
-- In February 2009 the Company announced that it has discovered gold on
its Fraser River Platinum JV project. Initial assays were released in
April to show an average of 520 grams per tonne gold from concentrate, for
an effective yield of 0.26 grams of gold per yard of in-place background
placer material. Platinum assays came in as high as 5.38 grams per tonne
platinum and .04 grams per tonne palladium from the same sample of
concentrate. The Phase II work program to excavate the resource to depth
will begin upon receipt of the required work permits from British Columbia.
These permits were applied for in February and are still pending.
-- The Company has been notified by Hidalgo Mining International Inc.
("Hidalgo") that work programs on the Silver Leaf and Gold Hill Project
JV's with Hidalgo are currently scheduled to begin by July 30, 2009.
-- The Company has continued negotiations for the acquisition of an
operating gold mine, and has expanded its potential targets to include a
fully permitted mine in the southwestern US. Additional information will
be released upon the successful execution of a purchase agreement. Towards
this end, the Company recently announced that it has engaged the services
of International Monetary as its investment banking and strategic advisory
consultant to assist in structuring acquisition financing of up to $10M.
- May 19, 2009 -- North Bay Resources Inc. announced that written approval of its Plan of Operations has been received from the Ministry of Mines (MEMPR) in British Columbia, and work permits have been issued to allow mechanized excavation work to begin at the Fraser River Platinum JV project, effective immediately. As required by BC regulations, a reclamation bond has also been posted.
Here are comparisons to other very similar Junior Mining Companies:
SFEG.OB= Santa Fe Gold Corp-Exploration Not yet producing publicized results
PEZGF.OB= Pediment Gold Corp-Exploration Stage not yet producing
MNEAF.OB= Minera Andes Inc. – Production Stage just recommenced work
YNGFF.PK= Yukon Nevada Gold Corp-currently non production work stoppage
SRSR.PK= Sarissa Resources-Exploration Stage Company
WSRA.PK= Western Sierra Mining Corp- Exploration Stage Company not yet producing
NGHI.OB= Nevada Gold Holdings- Exploration Stage needs additional funding according to 10Q
ELRA.OB= Elray Resources- Exploration Stage Company
GSPG.OB= Goldspring, Inc -
NBRI.PK= North Bay Resources – Exploration stage in talks to acquire current operating gold mine received approval from British Columbia to begin mechanized work at Fraser River Platinum Project.
SFEG.OB:-----Revenue (ttm):----68.19K
PEZGF.OB:----Revenue (ttm):---149.83K
MNEAF.OB:----Revenue (ttm):---$00.00-
YNGFF.PK:----Revenue (ttm):----48.98M
SRSR.PK:------Revenue (ttm):----$00.00-
WSRA.PK:------Revenue (ttm):----$00.00-
NGHI.OB:-------Revenue (ttm):----$00.00-
ELRA.OB:-------Revenue (ttm):----$00.00-
GSPG.OB:------Revenue (ttm):----$00.00-
NBRI.PK:-----Revenue (ttm):+++$390.77K+
SFEG.OB:----Net Income Avlbl to Common (ttm):--------7.74M-Negative
MNEAF.OB—---Net income Avlbl to Common (ttm):---19.69M-Negative
PEZGF.OB:---Net Income Avlbl to Common (ttm):----731.12K-Negative
YNGFF.PK:---Net Income Avlbl to Common (ttm):----111.13M-Negative
SRSR.PK:----Net Income Avlbl to Common (ttm):--------1.25M-Negative
WSRA.PK:---Net Income Avlbl to Common (ttm):--------1.30M-Negative
NGHI.OB:----Net Income Avlbl to Common (ttm):--------361.13K-Negative
ELRA.OB:---Net Income Avlbl to Common (ttm):---------334.00K-Negative
GSPG.OB:---Net Income Avlabl to Common (ttm):------4.05M-Negative
NBRI.PK:----Net Income Avlbl to Common (ttm):++++278.84K+Positive
SFEG.OB:-----Diluted EPS (ttm):--0.100-
PEZGF.OB:----Diluted EPS (ttm):--0.020-
MNEAF.OB:----Diluted EPS (ttm):--0.085-
YNGFF.PK:----Diluted EPS (ttm):--0.020-
SRSR.PK:-----Diluted EPS (ttm):---0.0017-
WSRA.PK:----Diluted EPS (ttm):---0.0053-
NGHI.OB:------Diluted EPS (ttm):---0.011-
ELRA.OB:-----Diluted EPS (ttm):----0.005-
GSPG.OB:----Diluted EPS (ttm):----0.0012-
NBRI.PK:-----Diluted EPS (ttm):++0.011+
SFEG.OB:----Shares Outstanding:----80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding:----43.01M (As of Mar 31, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 272.65M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.12M (As of Dec 31, 08)
WSRA.PK:----Shares Outstanding:--255.09M (As of Mar 31, 09)
NGHI.OB:-----Shares Outstanding:----72.85M (As of May 13, 09)
ELRA.OB:----Shares Outstanding:----56.44M (As of Mar 30, 09)
GSPG.OB:----Shares Outstanding:----3.49 BILLION (As of May 18, 09)
NBRI.PK:----Shares Outstanding:----38.50M (As of May 19, 09)
As of June 10, 2009:
SFEG.OB:---Market Cap:-----$80,007,656
PEZGF.OB:--Market Cap:----$29,935,959
MNEAF.OB:--Market Cap:---$172,905,000
YNGFF.PK:--Market Cap:----$23,310,202
SRSR.PK:--Market Cap:------$27,896,410
WSRA.PK:--Market Cap:-------$3,061,120
NGHI.OB:----Market Cap:-----$28,412,259
ELRA.OB:---Market Cap:------$20,035,312
GSPG.OB:---Market Cap:-----$36,735,807
NBRI.PK:---Market Cap:----------$578,959
SFEG.OB:----Share price $1.09
PEZGF.OB:---Share price $0.78
MNEAF.OB:---Share price $0.80
YNGFF.PK:---Share price $0.13
SRSR.PK:----Share price $0.039
WSRA.PK:---Share price $0.0159
NGHI.OB:----Share price $0.44
ELRA.OB:----Share price $0.36
GSPG.OB:---Share price $0.011
NBRI.PK:----Share price $0.018
NBRI North Bay Resources is my pick and here's why!
North Bay Resources Inc. (PINKSHEETS: NBRI) is a junior mining company with over 100 mineral and placer claims encompassing approximately 40,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential. North Bay's business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
Q1 2009 earnings were released on April 22, showing revenue for the
quarter of $40,858.74, or 0.2 cents per share. Net earnings came in at
$11,181.07, or 0.04 cents per share. This marks the fifth consecutive
quarter of positive earnings.
-- In an effort to increase liquidity for shareholders, the Company has
applied for the listing of its common shares on the Deutsche Bourse in
Frankfurt, Germany. Once the common shares are trading in Frankfurt, the
Company intends to also list its Series G Preferred shares (the "Gold
Shares").
-- In February 2009 the Company announced that it has discovered gold on
its Fraser River Platinum JV project. Initial assays were released in
April to show an average of 520 grams per tonne gold from concentrate, for
an effective yield of 0.26 grams of gold per yard of in-place background
placer material. Platinum assays came in as high as 5.38 grams per tonne
platinum and .04 grams per tonne palladium from the same sample of
concentrate. The Phase II work program to excavate the resource to depth
will begin upon receipt of the required work permits from British Columbia.
These permits were applied for in February and are still pending.
-- The Company has been notified by Hidalgo Mining International Inc.
("Hidalgo") that work programs on the Silver Leaf and Gold Hill Project
JV's with Hidalgo are currently scheduled to begin by July 30, 2009.
-- The Company has continued negotiations for the acquisition of an
operating gold mine, and has expanded its potential targets to include a
fully permitted mine in the southwestern US. Additional information will
be released upon the successful execution of a purchase agreement. Towards
this end, the Company recently announced that it has engaged the services
of International Monetary as its investment banking and strategic advisory
consultant to assist in structuring acquisition financing of up to $10M.
- May 19, 2009 -- North Bay Resources Inc. announced that written approval of its Plan of Operations has been received from the Ministry of Mines (MEMPR) in British Columbia, and work permits have been issued to allow mechanized excavation work to begin at the Fraser River Platinum JV project, effective immediately. As required by BC regulations, a reclamation bond has also been posted.
Here are comparisons to other very similar Junior Mining Companies:
SFEG.OB= Santa Fe Gold Corp-Exploration Not yet producing publicized results
PEZGF.OB= Pediment Gold Corp-Exploration Stage not yet producing
MNEAF.OB= Minera Andes Inc. – Production Stage just recommenced work
YNGFF.PK= Yukon Nevada Gold Corp-currently non production work stoppage
SRSR.PK= Sarissa Resources-Exploration Stage Company
WSRA.PK= Western Sierra Mining Corp- Exploration Stage Company not yet producing
NGHI.OB= Nevada Gold Holdings- Exploration Stage needs additional funding according to 10Q
ELRA.OB= Elray Resources- Exploration Stage Company
GSPG.OB= Goldspring, Inc -
NBRI.PK= North Bay Resources – Exploration stage in talks to acquire current operating gold mine received approval from British Columbia to begin mechanized work at Fraser River Platinum Project.
SFEG.OB:-----Revenue (ttm):----68.19K
PEZGF.OB:----Revenue (ttm):---149.83K
MNEAF.OB:----Revenue (ttm):---$00.00-
YNGFF.PK:----Revenue (ttm):----48.98M
SRSR.PK:------Revenue (ttm):----$00.00-
WSRA.PK:------Revenue (ttm):----$00.00-
NGHI.OB:-------Revenue (ttm):----$00.00-
ELRA.OB:-------Revenue (ttm):----$00.00-
GSPG.OB:------Revenue (ttm):----$00.00-
NBRI.PK:-----Revenue (ttm):+++$390.77K+
SFEG.OB:----Net Income Avlbl to Common (ttm):--------7.74M-Negative
MNEAF.OB—---Net income Avlbl to Common (ttm):---19.69M-Negative
PEZGF.OB:---Net Income Avlbl to Common (ttm):----731.12K-Negative
YNGFF.PK:---Net Income Avlbl to Common (ttm):----111.13M-Negative
SRSR.PK:----Net Income Avlbl to Common (ttm):--------1.25M-Negative
WSRA.PK:---Net Income Avlbl to Common (ttm):--------1.30M-Negative
NGHI.OB:----Net Income Avlbl to Common (ttm):--------361.13K-Negative
ELRA.OB:---Net Income Avlbl to Common (ttm):---------334.00K-Negative
GSPG.OB:---Net Income Avlabl to Common (ttm):------4.05M-Negative
NBRI.PK:----Net Income Avlbl to Common (ttm):++++278.84K+Positive
SFEG.OB:-----Diluted EPS (ttm):--0.100-
PEZGF.OB:----Diluted EPS (ttm):--0.020-
MNEAF.OB:----Diluted EPS (ttm):--0.085-
YNGFF.PK:----Diluted EPS (ttm):--0.020-
SRSR.PK:-----Diluted EPS (ttm):---0.0017-
WSRA.PK:----Diluted EPS (ttm):---0.0053-
NGHI.OB:------Diluted EPS (ttm):---0.011-
ELRA.OB:-----Diluted EPS (ttm):----0.005-
GSPG.OB:----Diluted EPS (ttm):----0.0012-
NBRI.PK:-----Diluted EPS (ttm):++0.011+
SFEG.OB:----Shares Outstanding:----80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding:----43.01M (As of Mar 31, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 272.65M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.12M (As of Dec 31, 08)
WSRA.PK:----Shares Outstanding:--255.09M (As of Mar 31, 09)
NGHI.OB:-----Shares Outstanding:----72.85M (As of May 13, 09)
ELRA.OB:----Shares Outstanding:----56.44M (As of Mar 30, 09)
GSPG.OB:----Shares Outstanding:----3.49 BILLION (As of May 18, 09)
NBRI.PK:----Shares Outstanding:----38.50M (As of May 19, 09)
As of June 10, 2009:
SFEG.OB:---Market Cap:-----$80,007,656
PEZGF.OB:--Market Cap:----$29,935,959
MNEAF.OB:--Market Cap:---$172,905,000
YNGFF.PK:--Market Cap:----$23,310,202
SRSR.PK:--Market Cap:------$27,896,410
WSRA.PK:--Market Cap:-------$3,061,120
NGHI.OB:----Market Cap:-----$28,412,259
ELRA.OB:---Market Cap:------$20,035,312
GSPG.OB:---Market Cap:-----$36,735,807
NBRI.PK:---Market Cap:----------$578,959
SFEG.OB:----Share price $1.09
PEZGF.OB:---Share price $0.78
MNEAF.OB:---Share price $0.80
YNGFF.PK:---Share price $0.13
SRSR.PK:----Share price $0.039
WSRA.PK:---Share price $0.0159
NGHI.OB:----Share price $0.44
ELRA.OB:----Share price $0.36
GSPG.OB:---Share price $0.011
NBRI.PK:----Share price $0.018
NBRI North Bay Resources is my pick and here's why!
North Bay Resources Inc. (PINKSHEETS: NBRI) is a junior mining company with over 100 mineral and placer claims encompassing approximately 40,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential. North Bay's business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
Q1 2009 earnings were released on April 22, showing revenue for the
quarter of $40,858.74, or 0.2 cents per share. Net earnings came in at
$11,181.07, or 0.04 cents per share. This marks the fifth consecutive
quarter of positive earnings.
-- In an effort to increase liquidity for shareholders, the Company has
applied for the listing of its common shares on the Deutsche Bourse in
Frankfurt, Germany. Once the common shares are trading in Frankfurt, the
Company intends to also list its Series G Preferred shares (the "Gold
Shares").
-- In February 2009 the Company announced that it has discovered gold on
its Fraser River Platinum JV project. Initial assays were released in
April to show an average of 520 grams per tonne gold from concentrate, for
an effective yield of 0.26 grams of gold per yard of in-place background
placer material. Platinum assays came in as high as 5.38 grams per tonne
platinum and .04 grams per tonne palladium from the same sample of
concentrate. The Phase II work program to excavate the resource to depth
will begin upon receipt of the required work permits from British Columbia.
These permits were applied for in February and are still pending.
-- The Company has been notified by Hidalgo Mining International Inc.
("Hidalgo") that work programs on the Silver Leaf and Gold Hill Project
JV's with Hidalgo are currently scheduled to begin by July 30, 2009.
-- The Company has continued negotiations for the acquisition of an
operating gold mine, and has expanded its potential targets to include a
fully permitted mine in the southwestern US. Additional information will
be released upon the successful execution of a purchase agreement. Towards
this end, the Company recently announced that it has engaged the services
of International Monetary as its investment banking and strategic advisory
consultant to assist in structuring acquisition financing of up to $10M.
- May 19, 2009 -- North Bay Resources Inc. announced that written approval of its Plan of Operations has been received from the Ministry of Mines (MEMPR) in British Columbia, and work permits have been issued to allow mechanized excavation work to begin at the Fraser River Platinum JV project, effective immediately. As required by BC regulations, a reclamation bond has also been posted.
Here are comparisons to other very similar Junior Mining Companies:
SFEG.OB= Santa Fe Gold Corp-Exploration Not yet producing publicized results
PEZGF.OB= Pediment Gold Corp-Exploration Stage not yet producing
MNEAF.OB= Minera Andes Inc. – Production Stage just recommenced work
YNGFF.PK= Yukon Nevada Gold Corp-currently non production work stoppage
SRSR.PK= Sarissa Resources-Exploration Stage Company
WSRA.PK= Western Sierra Mining Corp- Exploration Stage Company not yet producing
NGHI.OB= Nevada Gold Holdings- Exploration Stage needs additional funding according to 10Q
ELRA.OB= Elray Resources- Exploration Stage Company
GSPG.OB= Goldspring, Inc -
NBRI.PK= North Bay Resources – Exploration stage in talks to acquire current operating gold mine received approval from British Columbia to begin mechanized work at Fraser River Platinum Project.
SFEG.OB:-----Revenue (ttm):----68.19K
PEZGF.OB:----Revenue (ttm):---149.83K
MNEAF.OB:----Revenue (ttm):---$00.00-
YNGFF.PK:----Revenue (ttm):----48.98M
SRSR.PK:------Revenue (ttm):----$00.00-
WSRA.PK:------Revenue (ttm):----$00.00-
NGHI.OB:-------Revenue (ttm):----$00.00-
ELRA.OB:-------Revenue (ttm):----$00.00-
GSPG.OB:------Revenue (ttm):----$00.00-
NBRI.PK:-----Revenue (ttm):+++$390.77K+
SFEG.OB:----Net Income Avlbl to Common (ttm):--------7.74M-Negative
MNEAF.OB—---Net income Avlbl to Common (ttm):---19.69M-Negative
PEZGF.OB:---Net Income Avlbl to Common (ttm):----731.12K-Negative
YNGFF.PK:---Net Income Avlbl to Common (ttm):----111.13M-Negative
SRSR.PK:----Net Income Avlbl to Common (ttm):--------1.25M-Negative
WSRA.PK:---Net Income Avlbl to Common (ttm):--------1.30M-Negative
NGHI.OB:----Net Income Avlbl to Common (ttm):--------361.13K-Negative
ELRA.OB:---Net Income Avlbl to Common (ttm):---------334.00K-Negative
GSPG.OB:---Net Income Avlabl to Common (ttm):------4.05M-Negative
NBRI.PK:----Net Income Avlbl to Common (ttm):++++278.84K+Positive
SFEG.OB:-----Diluted EPS (ttm):--0.100-
PEZGF.OB:----Diluted EPS (ttm):--0.020-
MNEAF.OB:----Diluted EPS (ttm):--0.085-
YNGFF.PK:----Diluted EPS (ttm):--0.020-
SRSR.PK:-----Diluted EPS (ttm):---0.0017-
WSRA.PK:----Diluted EPS (ttm):---0.0053-
NGHI.OB:------Diluted EPS (ttm):---0.011-
ELRA.OB:-----Diluted EPS (ttm):----0.005-
GSPG.OB:----Diluted EPS (ttm):----0.0012-
NBRI.PK:-----Diluted EPS (ttm):++0.011+
SFEG.OB:----Shares Outstanding:----80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding:----43.01M (As of Mar 31, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 272.65M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.12M (As of Dec 31, 08)
WSRA.PK:----Shares Outstanding:--255.09M (As of Mar 31, 09)
NGHI.OB:-----Shares Outstanding:----72.85M (As of May 13, 09)
ELRA.OB:----Shares Outstanding:----56.44M (As of Mar 30, 09)
GSPG.OB:----Shares Outstanding:----3.49 BILLION (As of May 18, 09)
NBRI.PK:----Shares Outstanding:----38.50M (As of May 19, 09)
As of June 10, 2009:
SFEG.OB:---Market Cap:-----$80,007,656
PEZGF.OB:--Market Cap:----$29,935,959
MNEAF.OB:--Market Cap:---$172,905,000
YNGFF.PK:--Market Cap:----$23,310,202
SRSR.PK:--Market Cap:------$27,896,410
WSRA.PK:--Market Cap:-------$3,061,120
NGHI.OB:----Market Cap:-----$28,412,259
ELRA.OB:---Market Cap:------$20,035,312
GSPG.OB:---Market Cap:-----$36,735,807
NBRI.PK:---Market Cap:----------$578,959
SFEG.OB:----Share price $1.09
PEZGF.OB:---Share price $0.78
MNEAF.OB:---Share price $0.80
YNGFF.PK:---Share price $0.13
SRSR.PK:----Share price $0.039
WSRA.PK:---Share price $0.0159
NGHI.OB:----Share price $0.44
ELRA.OB:----Share price $0.36
GSPG.OB:---Share price $0.011
NBRI.PK:----Share price $0.018
I would like to hear if Perry has, made any progress in the Operating Mine Acquisition, and the Gold Shares that were to be offered to the Market as non dilutive financing.
This would go a long way toward helping our undervalued cause!
Ryan
Sorry, to keep posting this so much. Hope it doesn't bother anyone. I'm just trying to add as much information as possible to it, so I can send it around, to get the word out as much as I can.
I'm now up to 9 comparisons on here.
Ryan
North Bay Resources is extremely undervalued.
North Bay Resources Inc. (PINKSHEETS: NBRI) is a junior mining company with over 100 mineral and placer claims encompassing approximately 40,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential. North Bay's business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
Q1 2009 earnings were released on April 22, showing revenue for the
quarter of $40,858.74, or 0.2 cents per share. Net earnings came in at
$11,181.07, or 0.04 cents per share. This marks the fifth consecutive
quarter of positive earnings.
-- In an effort to increase liquidity for shareholders, the Company has
applied for the listing of its common shares on the Deutsche Bourse in
Frankfurt, Germany. Once the common shares are trading in Frankfurt, the
Company intends to also list its Series G Preferred shares (the "Gold
Shares").
-- In February 2009 the Company announced that it has discovered gold on
its Fraser River Platinum JV project. Initial assays were released in
April to show an average of 520 grams per tonne gold from concentrate, for
an effective yield of 0.26 grams of gold per yard of in-place background
placer material. Platinum assays came in as high as 5.38 grams per tonne
platinum and .04 grams per tonne palladium from the same sample of
concentrate. The Phase II work program to excavate the resource to depth
will begin upon receipt of the required work permits from British Columbia.
These permits were applied for in February and are still pending.
-- The Company has been notified by Hidalgo Mining International Inc.
("Hidalgo") that work programs on the Silver Leaf and Gold Hill Project
JV's with Hidalgo are currently scheduled to begin by July 30, 2009.
-- The Company has continued negotiations for the acquisition of an
operating gold mine, and has expanded its potential targets to include a
fully permitted mine in the southwestern US. Additional information will
be released upon the successful execution of a purchase agreement. Towards
this end, the Company recently announced that it has engaged the services
of International Monetary as its investment banking and strategic advisory
consultant to assist in structuring acquisition financing of up to $10M.
- May 19, 2009 -- North Bay Resources Inc. announced that written approval of its Plan of Operations has been received from the Ministry of Mines (MEMPR) in British Columbia, and work permits have been issued to allow mechanized excavation work to begin at the Fraser River Platinum JV project, effective immediately. As required by BC regulations, a reclamation bond has also been posted.
Here are comparisons to other very similar Junior Mining Companies:
SFEG.OB= Santa Fe Gold Corp-Exploration Not yet producing publicized results
PEZGF.OB= Pediment Gold Corp-Exploration Stage not yet producing
MNEAF.OB= Minera Andes Inc. – Production Stage just recommenced work
YNGFF.PK= Yukon Nevada Gold Corp-currently non production work stoppage
SRSR.PK= Sarissa Resources-Exploration Stage Company
WSRA.PK= Western Sierra Mining Corp- Exploration Stage Company not yet producing
NGHI.OB= Nevada Gold Holdings- Exploration Stage needs additional funding according to 10Q
ELRA.OB= Elray Resources- Exploration Stage Company
GSPG.OB= Goldspring, Inc -
NBRI.PK= North Bay Resources – Exploration stage in talks to acquire current operating gold mine received approval from British Columbia to begin mechanized work at Fraser River Platinum Project.
SFEG.OB:-----Revenue (ttm):----68.19K
PEZGF.OB:----Revenue (ttm):---149.83K
MNEAF.OB:----Revenue (ttm):---$00.00-
YNGFF.PK:----Revenue (ttm):----48.98M
SRSR.PK:------Revenue (ttm):----$00.00-
WSRA.PK:------Revenue (ttm):----$00.00-
NGHI.OB:-------Revenue (ttm):----$00.00-
ELRA.OB:-------Revenue (ttm):----$00.00-
GSPG.OB:------Revenue (ttm):----$00.00-
NBRI.PK:-----Revenue (ttm):+++$390.77K+
SFEG.OB:----Net Income Avlbl to Common (ttm):--------7.74M-Negative
MNEAF.OB—---Net income Avlbl to Common (ttm):---19.69M-Negative
PEZGF.OB:---Net Income Avlbl to Common (ttm):----731.12K-Negative
YNGFF.PK:---Net Income Avlbl to Common (ttm):----111.13M-Negative
SRSR.PK:----Net Income Avlbl to Common (ttm):--------1.25M-Negative
WSRA.PK:---Net Income Avlbl to Common (ttm):--------1.30M-Negative
NGHI.OB:----Net Income Avlbl to Common (ttm):--------361.13K-Negative
ELRA.OB:---Net Income Avlbl to Common (ttm):---------334.00K-Negative
GSPG.OB:---Net Income Avlabl to Common (ttm):------4.05M-Negative
NBRI.PK:----Net Income Avlbl to Common (ttm):++++278.84K+Positive
SFEG.OB:-----Diluted EPS (ttm):--0.100-
PEZGF.OB:----Diluted EPS (ttm):--0.020-
MNEAF.OB:----Diluted EPS (ttm):--0.085-
YNGFF.PK:----Diluted EPS (ttm):--0.020-
SRSR.PK:-----Diluted EPS (ttm):---0.0017-
WSRA.PK:----Diluted EPS (ttm):---0.0053-
NGHI.OB:------Diluted EPS (ttm):---0.011-
ELRA.OB:-----Diluted EPS (ttm):----0.005-
GSPG.OB:----Diluted EPS (ttm):----0.0012-
NBRI.PK:-----Diluted EPS (ttm):++0.011+
SFEG.OB:----Shares Outstanding:----80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding:----43.01M (As of Mar 31, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 272.65M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.12M (As of Dec 31, 08)
WSRA.PK:----Shares Outstanding:--255.09M (As of Mar 31, 09)
NGHI.OB:-----Shares Outstanding:----72.85M (As of May 13, 09)
ELRA.OB:----Shares Outstanding:----56.44M (As of Mar 30, 09)
GSPG.OB:----Shares Outstanding:----3.49 BILLION (As of May 18, 09)
NBRI.PK:----Shares Outstanding:----38.50M (As of May 19, 09)
As of June 10, 2009:
SFEG.OB:---Market Cap:-----$80,007,656
PEZGF.OB:--Market Cap:----$29,935,959
MNEAF.OB:--Market Cap:---$172,905,000
YNGFF.PK:--Market Cap:----$23,310,202
SRSR.PK:--Market Cap:------$27,896,410
WSRA.PK:--Market Cap:-------$3,061,120
NGHI.OB:----Market Cap:-----$28,412,259
ELRA.OB:---Market Cap:------$20,035,312
GSPG.OB:---Market Cap:-----$36,735,807
NBRI.PK:---Market Cap:----------$578,959
SFEG.OB:----Share price $1.09
PEZGF.OB:---Share price $0.78
MNEAF.OB:---Share price $0.80
YNGFF.PK:---Share price $0.13
SRSR.PK:----Share price $0.039
WSRA.PK:---Share price $0.0159
NGHI.OB:----Share price $0.44
ELRA.OB:----Share price $0.36
GSPG.OB:---Share price $0.011
NBRI.PK:----Share price $0.018
I'm doing my best to spread the word. Maybe everyone can help spread the word. Lets get this valuation up, to where it should be.
Ryan
Take a look at this.
I have added another comparison so show the laughable undervaluation of North Bay Resources (NBRI).
Elray Resources is also Exploration Stage and has a market cap of $20 Million.
SFEG.OB= Santa Fe Gold Corp-Exploration Not yet producing publicized results
PEZGF.OB= Pediment Gold Corp-Exploration Stage not yet producing
MNEAF.OB= Minera Andes Inc. – Production Stage just recommenced work
YNGFF.PK= Yukon Nevada Gold Corp-currently non production work stoppage
SRSR.PK= Sarissa Resources-Exploration Stage Company
WSRA.PK= Western Sierra Mining Corp- Exploration Stage Company not yet producing
NGHI.OB= Nevada Gold Holdings- Exploration Stage needs additional funding according to 10Q
ELRA.OB= Elray Resources- Exploration Stage Company
NBRI.PK= North Bay Resources – Exploration stage in talks to acquire current operating gold mine received approval from British Columbia to begin mechanized work at Fraser River Platinum Project.
SFEG.OB:-----Revenue (ttm):----$68.19K
PEZGF.OB:----Revenue (ttm):---$149.83K
MNEAF.OB:----Revenue (ttm):----$00.00-
YNGFF.PK:----Revenue (ttm):----$48.98M
SRSR.PK:-----Revenue (ttm):----$00.00-
WSRA.PK:-----Revenue (ttm):----$00.00-
NGHI.OB:-----Revenue (ttm):----$00.00-
ELRA.OB:-----Revenue (ttm):----$00.00-
NBRI.PK:-----Revenue (ttm):+++$390.77K+
SFEG.OB:----Net Income Avlbl to Common (ttm):--------7.74M-Negative
MNEAF.OB—---Net income Avlbl to Common (ttm):-------19.69M-Negative
PEZGF.OB:---Net Income Avlbl to Common (ttm):------731.12K-Negative
YNGFF.PK:---Net Income Avlbl to Common (ttm):------111.13M-Negative
SRSR.PK:----Net Income Avlbl to Common (ttm):--------1.25M-Negative
WSRA.PK:----Net Income Avlbl to Common (ttm):--------1.30M-Negative
NGHI.OB:----Net Income Avlbl to Common (ttm):------361.13K-Negative
ELRA.OB:----Net Income Avlbl to Common (ttm):------334.00K-Negative
NBRI.PK:----Net Income Avlbl to Common (ttm):++++278.84K+Positive
SFEG.OB:-----Diluted EPS (ttm):--0.100-
PEZGF.OB:----Diluted EPS (ttm):--0.020-
MNEAF.OB:----Diluted EPS (ttm):--0.085-
YNGFF.PK:----Diluted EPS (ttm):--0.020-
SRSR.PK:-----Diluted EPS (ttm):--0.0017-
WSRA.PK:-----Diluted EPS (ttm):--0.0053-
NGHI.OB:-----Diluted EPS (ttm):--0.011-
ELRA.OB:-----Diluted EPS (ttm):--0.005-
NBRI.PK:-----Diluted EPS (ttm):++0.011+
SFEG.OB:----Shares Outstanding:----80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding:----43.01M (As of Mar 31, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 272.65M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.12M (As of Dec 31, 08)
WSRA.PK:----Shares Outstanding:---255.09M (As of Mar 31, 09)
NGHI.OB:----Shares Outstanding:----72.85M (As of May 13, 09)
ELRA.OB:----Shares Outstanding:----56.44M (As of Mar 30, 09)
NBRI.PK:----Shares Outstanding:----38.50M (As of May 19, 09)
As of June 10, 2009:
SFEG.OB:---Market Cap:-----$80,007,656
PEZGF.OB:--Market Cap:-----$29,935,959
MNEAF.OB:--Market Cap:----$172,905,000
YNGFF.PK:--Market Cap:-----$23,310,202
SRSR.PK:---Market Cap:-----$27,896,410
WSRA.PK:---Market Cap:------$3,061,120
NGHI.OB:---Market Cap:-----$28,412,259
ELRA.OB:---Market Cap:-----$20,035,312
NBRI.PK:---Market Cap:--------$578,959
SFEG.OB:----Share price $1.09
PEZGF.OB:---Share price $0.78
MNEAF.OB:---Share price $0.80
YNGFF.PK:---Share price $0.13
SRSR.PK:----Share price $0.039
WSRA.PK:----Share price $0.0159
NGHI.OB:----Share price $0.44
ELRA.OB:----Share price $0.36
NBRI.PK:----Share price $0.018
I have added another comparison so show the laughable undervaluation of North Bay Resources.
Elray Resources is also Exploration Stage and has a market cap of $20 Million.
SFEG.OB= Santa Fe Gold Corp-Exploration Not yet producing publicized results
PEZGF.OB= Pediment Gold Corp-Exploration Stage not yet producing
MNEAF.OB= Minera Andes Inc. – Production Stage just recommenced work
YNGFF.PK= Yukon Nevada Gold Corp-currently non production work stoppage
SRSR.PK= Sarissa Resources-Exploration Stage Company
WSRA.PK= Western Sierra Mining Corp- Exploration Stage Company not yet producing
NGHI.OB= Nevada Gold Holdings- Exploration Stage needs additional funding according to 10Q
ELRA.OB= Elray Resources- Exploration Stage Company
NBRI.PK= North Bay Resources – Exploration stage in talks to acquire current operating gold mine received approval from British Columbia to begin mechanized work at Fraser River Platinum Project.
SFEG.OB:-----Revenue (ttm):----$68.19K
PEZGF.OB:----Revenue (ttm):---$149.83K
MNEAF.OB:----Revenue (ttm):----$00.00-
YNGFF.PK:----Revenue (ttm):----$48.98M
SRSR.PK:-----Revenue (ttm):----$00.00-
WSRA.PK:-----Revenue (ttm):----$00.00-
NGHI.OB:-----Revenue (ttm):----$00.00-
ELRA.OB:-----Revenue (ttm):----$00.00-
NBRI.PK:-----Revenue (ttm):+++$390.77K+
SFEG.OB:----Net Income Avlbl to Common (ttm):--------7.74M-Negative
MNEAF.OB—---Net income Avlbl to Common (ttm):-------19.69M-Negative
PEZGF.OB:---Net Income Avlbl to Common (ttm):------731.12K-Negative
YNGFF.PK:---Net Income Avlbl to Common (ttm):------111.13M-Negative
SRSR.PK:----Net Income Avlbl to Common (ttm):--------1.25M-Negative
WSRA.PK:----Net Income Avlbl to Common (ttm):--------1.30M-Negative
NGHI.OB:----Net Income Avlbl to Common (ttm):------361.13K-Negative
ELRA.OB:----Net Income Avlbl to Common (ttm):------334.00K-Negative
NBRI.PK:----Net Income Avlbl to Common (ttm):++++278.84K+Positive
SFEG.OB:-----Diluted EPS (ttm):--0.100-
PEZGF.OB:----Diluted EPS (ttm):--0.020-
MNEAF.OB:----Diluted EPS (ttm):--0.085-
YNGFF.PK:----Diluted EPS (ttm):--0.020-
SRSR.PK:-----Diluted EPS (ttm):--0.0017-
WSRA.PK:-----Diluted EPS (ttm):--0.0053-
NGHI.OB:-----Diluted EPS (ttm):--0.011-
ELRA.OB:-----Diluted EPS (ttm):--0.005-
NBRI.PK:-----Diluted EPS (ttm):++0.011+
SFEG.OB:----Shares Outstanding:----80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding:----43.01M (As of Mar 31, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 272.65M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.12M (As of Dec 31, 08)
WSRA.PK:----Shares Outstanding:---255.09M (As of Mar 31, 09)
NGHI.OB:----Shares Outstanding:----72.85M (As of May 13, 09)
ELRA.OB:----Shares Outstanding:----56.44M (As of Mar 30, 09)
NBRI.PK:----Shares Outstanding:----38.50M (As of May 19, 09)
As of June 10, 2009:
SFEG.OB:---Market Cap:-----$80,007,656
PEZGF.OB:--Market Cap:-----$29,935,959
MNEAF.OB:--Market Cap:----$172,905,000
YNGFF.PK:--Market Cap:-----$23,310,202
SRSR.PK:---Market Cap:-----$27,896,410
WSRA.PK:---Market Cap:------$3,061,120
NGHI.OB:---Market Cap:-----$28,412,259
ELRA.OB:---Market Cap:-----$20,035,312
NBRI.PK:---Market Cap:--------$578,959
SFEG.OB:----Share price $1.09
PEZGF.OB:---Share price $0.78
MNEAF.OB:---Share price $0.80
YNGFF.PK:---Share price $0.13
SRSR.PK:----Share price $0.039
WSRA.PK:----Share price $0.0159
NGHI.OB:----Share price $0.44
ELRA.OB:----Share price $0.36
NBRI.PK:----Share price $0.018
NBRI is the next 20 bagger. Take a look at this info below.
Just to Compare North Bay Resources (NBRI) to a few other Junior Mining companies, we can see how extremely undervalued NBRI really is! If even the market priced NBRI at the same market cap as WSRA.PK that would give NBRI a share price of $.073
A more appropriate valuation would place NBRI around Pediment, Yukon, and Sarissa. A market cap for NBRI of just half of these three would be $14 Million. This would equate to a share price of $0.36!!!!!!
Buy NBRI!!!!!!!!
SFEG.OB= Santa Fe Gold Corp-Exploration Not yet producing publicized results
PEZGF.OB= Pediment Gold Corp-Exploration Stage not yet producing
MNEAF.OB= Minera Andes Inc. – Production Stage just recommenced work
YNGFF.PK= Yukon Nevada Gold Corp-currently non production work stoppage
SRSR.PK= Sarissa Resources-Exploration Stage Company
WSRA.PK= Western Sierra Mining Corp- Exploration Stage Company not yet producing
NGHI.OB= Nevada Gold Holdings- Exploration Stage needs additional funding according to 10Q
NBRI.PK= North Bay Resources – Exploration stage in talks to acquire current operating gold mine received approval from British Columbia to begin mechanized work at Fraser River Platinum Project.
SFEG.OB:-----Revenue (ttm):----68.19K
PEZGF.OB:----Revenue (ttm):---149.83K
MNEAF.OB:----Revenue (ttm):---$00.00-
YNGFF.PK:----Revenue (ttm):----48.98M
SRSR.PK:------Revenue (ttm):----$00.00-
WSRA.PK:------Revenue (ttm):----$00.00-
NGHI.OB:-------Revenue (ttm):----$00.00-
NBRI.PK:-----Revenue (ttm):+++$390.77K+
SFEG.OB:----Net Income Avlbl to Common (ttm):--------7.74M-Negative
MNEAF.OB—---Net income Avlbl to Common (ttm):---19.69M-Negative
PEZGF.OB:---Net Income Avlbl to Common (ttm):----731.12K-Negative
YNGFF.PK:---Net Income Avlbl to Common (ttm):----111.13M-Negative
SRSR.PK:----Net Income Avlbl to Common (ttm):--------1.25M-Negative
WSRA.PK:---Net Income Avlbl to Common (ttm):--------1.30M-Negative
NGHI.OB:----Net Income Avlbl to Common (ttm):--------361.13K-Negative
NBRI.PK:----Net Income Avlbl to Common (ttm):++++278.84K+Positive
SFEG.OB:-----Diluted EPS (ttm):--0.100-
PEZGF.OB:----Diluted EPS (ttm):--0.020-
MNEAF.OB:----Diluted EPS (ttm):--0.085-
YNGFF.PK:----Diluted EPS (ttm):--0.020-
SRSR.PK:-----Diluted EPS (ttm):---0.0017-
WSRA.PK:----Diluted EPS (ttm):---0.0053-
NGHI.OB:------Diluted EPS (ttm):---0.011-
NBRI.PK:-----Diluted EPS (ttm):++0.011+
SFEG.OB:---Market Cap:-----$80,007,656 as of May 28, 2009
PEZGF.OB:--Market Cap:----$27,894,871 as of May 28, 2009
MNEAF.OB:--Market Cap:---$172,905,000 as of June 1, 2009
YNGFF.PK:--Market Cap:----$28,546,679 as of May 28, 2009
SRSR.PK:--Market Cap:------$29,364,642 as of June 3, 2009
WSRA.PK:--Market Cap:-------$2,806,027 as of June 3, 2009
NGHI.OB:----Market Cap:-----$29,140,778 as of Jun 4, 2009
NBRI.PK:---Market Cap:----------$578,959 as of May 28, 2009
SFEG.OB:----Shares Outstanding:----80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding:----43.01M (As of Mar 31, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 272.65M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.12M (As of Dec 31, 08)
WSRA.PK:----Shares Outstanding:--255.09M (As of Mar 31, 09)
NGHI.OB:-----Shares Outstanding:----72.85M (As of May 13, 09)
NBRI.PK:----Shares Outstanding:----38.50M (As of May 19, 09)
SFEG.OB:----Share price $1.01
PEZGF.OB:---Share price $0.94
MNEAF.OB:---Share price $0.74
YNGFF.PK:---Share price $0.14
SRSR.PK:----Share price $0.04
WSRA.PK:---Share price $0.01
NGHI.OB:----Share price $0.45
NBRI.PK:----Share price $0.018
Oilbaron,
I got your message, but I don't have a premium membership, sorry I can't reply in private.
I am not quite sure what you meant. I'm not bashing SRSR, My comparison posts, I'm just trying to show how undervalued NBRI is with what the Market says its worth. Looking at very similar companies, NBRI would have to be a 40 BAGGER to equal the Market Caps of some of these other almost identical companies.
I am not sure if SRSR is fishy or not, I hope not anyway.
Ryan
Actually I believe a share price of $0.23 is very achievable, and could happen at any point.
If you look at the comparisons I posted with other JR Mining companies, the $0.23 price would equate to a $9,000,000 market cap. Which is only 1/3 of others like Pediment, Yukon, Sarissa, and Nevada Gold.
This just needs to get noticed. An update on Funding for the US operating mine properties would also help.
NBRI is so undervalued compared to companies that are extremely similar. Here are some comparisons to other JR mining operations, that are mostly just in exploration phases. Most of them have market caps of around 30 Million while NBRI has a market cap of just 600 Thousand.
The share structure is extremely tight with only 38.5 million outstanding and 20.9 million in the float.
Here are the comparisons with other Exploration phase mining companies. NBRI with the right promotion could easily have a market cap just like NGHI.
SFEG.OB:-----Revenue (ttm):----68.19K
PEZGF.OB:----Revenue (ttm):---149.83K
MNEAF.OB:----Revenue (ttm):---$00.00-
YNGFF.PK:----Revenue (ttm):----48.98M
SRSR.PK:------Revenue (ttm):----$00.00-
WSRA.PK:------Revenue (ttm):----$00.00-
NGHI.OB:-------Revenue (ttm):----$00.00-
NBRI.PK:-----Revenue (ttm):+++$390.77K+
SFEG.OB:----Net Income Avlbl to Common (ttm):--------7.74M-Negative
MNEAF.OB—---Net income Avlbl to Common (ttm):---19.69M-Negative
PEZGF.OB:---Net Income Avlbl to Common (ttm):----731.12K-Negative
YNGFF.PK:---Net Income Avlbl to Common (ttm):----111.13M-Negative
SRSR.PK:----Net Income Avlbl to Common (ttm):--------1.25M-Negative
WSRA.PK:---Net Income Avlbl to Common (ttm):--------1.30M-Negative
NGHI.OB:----Net Income Avlbl to Common (ttm):--------361.13K-Negative
NBRI.PK:----Net Income Avlbl to Common (ttm):++++278.84K+Positive
SFEG.OB:-----Diluted EPS (ttm):--0.100-
PEZGF.OB:----Diluted EPS (ttm):--0.020-
MNEAF.OB:----Diluted EPS (ttm):--0.085-
YNGFF.PK:----Diluted EPS (ttm):--0.020-
SRSR.PK:-----Diluted EPS (ttm):---0.0017-
WSRA.PK:----Diluted EPS (ttm):---0.0053-
NGHI.OB:------Diluted EPS (ttm):---0.011-
NBRI.PK:-----Diluted EPS (ttm):++0.011+
SFEG.OB:---Market Cap:-----$80,007,656 as of May 28, 2009
PEZGF.OB:--Market Cap:----$27,894,871 as of May 28, 2009
MNEAF.OB:--Market Cap:---$172,905,000 as of June 1, 2009
YNGFF.PK:--Market Cap:----$28,546,679 as of May 28, 2009
SRSR.PK:--Market Cap:------$29,364,642 as of June 3, 2009
WSRA.PK:--Market Cap:-------$2,806,027 as of June 3, 2009
NGHI.OB:----Market Cap:-----$29,140,778 as of Jun 4, 2009
NBRI.PK:---Market Cap:----------$578,959 as of May 28, 2009
SFEG.OB:----Shares Outstanding:----80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding:----43.01M (As of Mar 31, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 272.65M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.12M (As of Dec 31, 08)
WSRA.PK:----Shares Outstanding:--255.09M (As of Mar 31, 09)
NGHI.OB:-----Shares Outstanding:----72.85M (As of May 13, 09)
NBRI.PK:----Shares Outstanding:----38.50M (As of May 19, 09)
SFEG.OB:----Share price $1.01
PEZGF.OB:---Share price $0.94
MNEAF.OB:---Share price $0.74
YNGFF.PK:---Share price $0.14
SRSR.PK:----Share price $0.04
WSRA.PK:---Share price $0.01
NGHI.OB:----Share price $0.45
NBRI.PK:----Share price $0.017
This was Perry Leopold's response when I asked him this on Wednesday of this week.
"Dear Ryan;
Thank you for the email.
We are prohibited by regulations from selling directly into the market without filing a registration statement. As I mentioned in our previous email, we have done some private placements recently, so there has been some dilution in that regard. Whether those investors have elected to sell some of their shares I have no way of knowing. I generally avoid commenting on the stock price movement, but if anyone was truly "dumping" I would expect it would be accompanied by much higher volume. Volume has instead been decreasing lately, which makes it hard to sustain momentum, and any selling, no matter how small, is often magnified. It's the nature of the beast.
Hope this helps....
* P *
Perry Leopold, CEO
North Bay Resources Inc.
corp@northbayresources.com
http://www.northbayresources.com"
Gentlemen,
I wanted to point you in the direction of a potential huge gainer that is just like NGHI. This could be a 2000% - 4000% Gainer
NBRI - North Bay Resources has filed 15c211 to uplist to the OTCBB. They have 40,000 acres of placer claims and rights in place. They are currently in negotiation and seeking funding to acquire an operating and fully permitted gold mine in California.
They are looking at funding solutions that would be non dilutive to shareholders to acquire the operating/producing gold mines. Such as a Gold share that is based off the price of gold and supported by the gold produced from that mine.
Right now NBRI is essentially the same company as NGHI. Look at how undervalued the market has placed NBRI when compared to essentially similar companies. Many of these have CAPS of around 28-30 Million. NBRI is currently around 600 Thousand.
SFEG.OB:-----Revenue (ttm):----68.19K
PEZGF.OB:----Revenue (ttm):---149.83K
MNEAF.OB:----Revenue (ttm):---$00.00-
YNGFF.PK:----Revenue (ttm):----48.98M
SRSR.PK:------Revenue (ttm):----$00.00-
WSRA.PK:------Revenue (ttm):----$00.00-
NGHI.OB:-------Revenue (ttm):----$00.00-
NBRI.PK:-----Revenue (ttm):+++$390.77K+
SFEG.OB:----Net Income Avlbl to Common (ttm):--------7.74M-Negative
MNEAF.OB—---Net income Avlbl to Common (ttm):---19.69M-Negative
PEZGF.OB:---Net Income Avlbl to Common (ttm):----731.12K-Negative
YNGFF.PK:---Net Income Avlbl to Common (ttm):----111.13M-Negative
SRSR.PK:----Net Income Avlbl to Common (ttm):--------1.25M-Negative
WSRA.PK:---Net Income Avlbl to Common (ttm):--------1.30M-Negative
NGHI.OB:----Net Income Avlbl to Common (ttm):--------361.13K-Negative
NBRI.PK:----Net Income Avlbl to Common (ttm):++++278.84K+Positive
SFEG.OB:-----Diluted EPS (ttm):--0.100-
PEZGF.OB:----Diluted EPS (ttm):--0.020-
MNEAF.OB:----Diluted EPS (ttm):--0.085-
YNGFF.PK:----Diluted EPS (ttm):--0.020-
SRSR.PK:-----Diluted EPS (ttm):---0.0017-
WSRA.PK:----Diluted EPS (ttm):---0.0053-
NGHI.OB:------Diluted EPS (ttm):---0.011-
NBRI.PK:-----Diluted EPS (ttm):++0.011+
SFEG.OB:---Market Cap:-----$80,007,656 as of May 28, 2009
PEZGF.OB:--Market Cap:----$27,894,871 as of May 28, 2009
MNEAF.OB:--Market Cap:---$172,905,000 as of June 1, 2009
YNGFF.PK:--Market Cap:----$28,546,679 as of May 28, 2009
SRSR.PK:--Market Cap:------$29,364,642 as of June 3, 2009
WSRA.PK:--Market Cap:-------$2,806,027 as of June 3, 2009
NGHI.OB:----Market Cap:-----$29,140,778 as of Jun 4, 2009
NBRI.PK:---Market Cap:----------$578,959 as of May 28, 2009
SFEG.OB:----Shares Outstanding:----80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding:----43.01M (As of Mar 31, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 272.65M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.12M (As of Dec 31, 08)
WSRA.PK:----Shares Outstanding:--255.09M (As of Mar 31, 09)
NGHI.OB:-----Shares Outstanding:----72.85M (As of May 13, 09)
NBRI.PK:----Shares Outstanding:----38.50M (As of May 19, 09)
SFEG.OB:----Share price $1.01
PEZGF.OB:---Share price $0.94
MNEAF.OB:---Share price $0.74
YNGFF.PK:---Share price $0.14
SRSR.PK:----Share price $0.04
WSRA.PK:---Share price $0.01
NGHI.OB:----Share price $0.45
NBRI.PK:----Share price $0.018
One of my questions that were answered by Perry.
5)Question- Is North Bay Resources still actively buying back shares from the announced extended Stock buy back on October 17th.
Answer - "Our share buyback program was initiated in Oct 2007, and over 2M shares have been repurchased. We will buyback stock on the open market from time to time, as funds are available to do so, and depending on market conditions."
OH my God. Look at NGHI - Nevada Gold Holdings. Essentially the same company as NBRI and they just began trading on the OTCBB in mid May. They have 72 Million shares outstanding and no income and no production. They have traded 750,000 shares today.
SFEG.OB:-----Revenue (ttm):----68.19K
PEZGF.OB:----Revenue (ttm):---149.83K
MNEAF.OB:----Revenue (ttm):---$00.00-
YNGFF.PK:----Revenue (ttm):----48.98M
SRSR.PK:------Revenue (ttm):----$00.00-
WSRA.PK:------Revenue (ttm):----$00.00-
NGHI.OB:-------Revenue (ttm):----$00.00-
NBRI.PK:-----Revenue (ttm):+++$390.77K+
SFEG.OB:----Net Income Avlbl to Common (ttm):--------7.74M-Negative
MNEAF.OB—---Net income Avlbl to Common (ttm):---19.69M-Negative
PEZGF.OB:---Net Income Avlbl to Common (ttm):----731.12K-Negative
YNGFF.PK:---Net Income Avlbl to Common (ttm):----111.13M-Negative
SRSR.PK:----Net Income Avlbl to Common (ttm):--------1.25M-Negative
WSRA.PK:---Net Income Avlbl to Common (ttm):--------1.30M-Negative
NGHI.OB:----Net Income Avlbl to Common (ttm):--------361.13K-Negative
NBRI.PK:----Net Income Avlbl to Common (ttm):++++278.84K+Positive
SFEG.OB:-----Diluted EPS (ttm):--0.100-
PEZGF.OB:----Diluted EPS (ttm):--0.020-
MNEAF.OB:----Diluted EPS (ttm):--0.085-
YNGFF.PK:----Diluted EPS (ttm):--0.020-
SRSR.PK:-----Diluted EPS (ttm):---0.0017-
WSRA.PK:----Diluted EPS (ttm):---0.0053-
NGHI.OB:------Diluted EPS (ttm):---0.011-
NBRI.PK:-----Diluted EPS (ttm):++0.011+
SFEG.OB:---Market Cap:-----$80,007,656 as of May 28, 2009
PEZGF.OB:--Market Cap:----$27,894,871 as of May 28, 2009
MNEAF.OB:--Market Cap:---$172,905,000 as of June 1, 2009
YNGFF.PK:--Market Cap:----$28,546,679 as of May 28, 2009
SRSR.PK:--Market Cap:------$29,364,642 as of June 3, 2009
WSRA.PK:--Market Cap:-------$2,806,027 as of June 3, 2009
NGHI.OB:----Market Cap:-----$29,140,778 as of Jun 4, 2009
NBRI.PK:---Market Cap:----------$578,959 as of May 28, 2009
SFEG.OB:----Shares Outstanding:----80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding:----43.01M (As of Mar 31, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 272.65M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.12M (As of Dec 31, 08)
WSRA.PK:----Shares Outstanding:--255.09M (As of Mar 31, 09)
NGHI.OB:-----Shares Outstanding:----72.85M (As of May 13, 09)
NBRI.PK:----Shares Outstanding:----38.50M (As of May 19, 09)
SFEG.OB:----Share price $1.01
PEZGF.OB:---Share price $0.94
MNEAF.OB:---Share price $0.74
YNGFF.PK:---Share price $0.14
SRSR.PK:----Share price $0.04
WSRA.PK:---Share price $0.01
NGHI.OB:----Share price $0.45
NBRI.PK:----Share price $0.018
He has answered every question I have asked!
It might take a few hours for him to get back to you, but if you have any questions, I would encourage you all to drop him a note!
Ryan
It's not North Bay selling into this market. From Perry Leopold.
"Dear Ryan;
Thank you for the email.
We are prohibited by regulations from selling directly into the market without filing a registration statement. As I mentioned in our previous email, we have done some private placements recently, so there has been some dilution in that regard. Whether those investors have elected to sell some of their shares I have no way of knowing. I generally avoid commenting on the stock price movement, but if anyone was truly "dumping" I would expect it would be accompanied by much higher volume. Volume has instead been decreasing lately, which makes it hard to sustain momentum, and any selling, no matter how small, is often magnified. It's the nature of the beast.
Hope this helps....
* P *
Perry Leopold, CEO
North Bay Resources Inc.
corp@northbayresources.com
http://www.northbayresources.com"
CEO Perry Leopold, responded to my email and questions.
"Dear Ryan,
Thank you for the email. It is always good to hear from shareholders, and we appreciate your interest in the company.
As you probably know, and as per SEC Regulations, we can not disclose information that has not already been made public, either by way of press release or our filings. This is for your own protection as well as ours. But I can answer your questions in the context of information that is already publicly known.
Regarding Fraser River, we recently announced that we have received permits from the Province of British Columbia to begin mechanized excavation work at the project site. This work will go a long way towards determining whether the orebody will be economical to mine. Until that time, we can not make any projections on when a mine might begin commercial operations. Besides the economics of the project, there are also a lot of environmental issues to tackle, as well as some political ones with regard to the local population and enlisting their support.and approval for a new mine should we get to that point. But the economics come first. Once we know the project will be profitable, we will then proceed to the next set of challenges on the road towards getting a commercial mining permit approved and issued.
Regarding the US properties we are negotiating to acquire, these depend on whether or not we are successful in securing the funding to not only complete the acquisitions, but to also provide enough working capital for the first year or two of operations. We are working hard on this, and while I am quite optimistic, I can not guarantee it will happen. Once we have some news on this or anything else, we will announce it.
Hope this helps. Please feel free to contact us should you have any other questions or concerns that you wish to have addressed.
All the best,
* P *
Perry Leopold, CEO
North Bay Resources Inc.
corp@northbayresources.com"
Even if the market only corrected to give NBRI a market value of $7 Million, that would equate to $0.18 a share.
If you are selling at these levels your not using your head. The other stocks I listed are similar and in exploration stage same as North Bay, yet they are valued at 40 times the value of NBRI currently.
As of today's close NBRI has an approximate market cap of $693,000 and the others have caps of $28 Million.
Ryan
Bruce,
I have the 38.5 Million number in my comparison data below. It is 38.5 Million Outstanding and 20.9 Million in the tradeable float. That is according to Pinksheets.com anyway.
Just to Compare North Bay Resources (NBRI) to a few other Junior Mining companies, we can see how extremely undervalued NBRI really is! If even the market priced NBRI at the same market cap as WSRA.PK that would give NBRI a share price of $.073
A more appropriate valuation would place NBRI around Pediment, Yukon, and Sarissa. A market cap for NBRI of just half of these three would be $14 Million. This would equate to a share price of $0.36!!!!!!
Buy NBRI!!!!!!!!
SFEG.OB= Santa Fe Gold Corp-Exploration Not yet producing publicized results
PEZGF.OB= Pediment Gold Corp-Exploration Stage not yet producing
MNEAF.OB= Minera Andes Inc. – Production Stage just recommenced work
YNGFF.PK= Yukon Nevada Gold Corp-currently non production work stoppage
SRSR.PK= Sarissa Resources-Exploration Stage Company
WSRA.PK= Western Sierra Mining Corp- Exploration Stage Company not yet producing
NBRI.PK= North Bay Resources – Exploration stage in talks to acquire current operating gold mine received approval from British Columbia to begin mechanized work at Fraser River Platinum Project.
SFEG.OB:-----Revenue (ttm):----68.19K
PEZGF.OB:----Revenue (ttm):---149.83K
MNEAF.OB:----Revenue (ttm):---$00.00-
YNGFF.PK:----Revenue (ttm):----48.98M
SRSR.PK:------Revenue (ttm):----$00.00-
WSRA.PK:------Revenue (ttm):----$00.00-
NBRI.PK:-----Revenue (ttm):---390.77K
SFEG.OB:----Net Income Avlbl to Common (ttm):--------7.74M-Negative
MNEAF.OB—---Net income Avlbl to Common (ttm):---19.69M-Negative
PEZGF.OB:---Net Income Avlbl to Common (ttm):----731.12K-Negative
YNGFF.PK:---Net Income Avlbl to Common (ttm):----111.13M-Negative
SRSR.PK:----Net Income Avlbl to Common (ttm):--------1.25M-Negative
WSRA.PK:---Net Income Avlbl to Common (ttm):--------1.30M-Negative
NBRI.PK:----Net Income Avlbl to Common (ttm):++++278.84K+Positive
SFEG.OB:-----Diluted EPS (ttm):--0.100-
PEZGF.OB:----Diluted EPS (ttm):--0.020-
MNEAF.OB:----Diluted EPS (ttm):--0.085-
YNGFF.PK:----Diluted EPS (ttm):--0.020-
SRSR.PK:-----Diluted EPS (ttm):---0.0017-
WSRA.PK:----Diluted EPS (ttm):---0.0053-
NBRI.PK:-----Diluted EPS (ttm):++0.011+
SFEG.OB:---Market Cap:-----$80,007,656 as of May 28, 2009
PEZGF.OB:--Market Cap:----$27,894,871 as of May 28, 2009
MNEAF.OB:--Market Cap:---$172,905,000 as of June 1, 2009
YNGFF.PK:--Market Cap:----$28,546,679 as of May 28, 2009
SRSR.PK:--Market Cap:------$29,364,642 as of June 3, 2009
WSRA.PK:--Market Cap:-------$2,806,027 as of June 3, 2009
NBRI.PK:---Market Cap:----------$578,959 as of May 28, 2009
SFEG.OB:----Shares Outstanding:----80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding:----43.01M (As of Mar 31, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 272.65M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.12M (As of Dec 31, 08)
WSRA.PK:----Shares Outstanding:--255.09M (As of Mar 31, 09)
NBRI.PK:----Shares Outstanding:----38.50M (As of May 19, 09)
SFEG.OB:----Share price $1.01
PEZGF.OB:---Share price $0.94
MNEAF.OB:---Share price $0.74
YNGFF.PK:---Share price $0.14
SRSR.PK:----Share price $0.04
WSRA.PK:---Share price $0.01
NBRI.PK:----Share price $0.018
LOL, I was just curious, because of the low float being at 21 Million.
How many shares does every one have? I'm just wondering because the float is only supposed to be about 21,000,000 shares.